Anwar ibrahim mvv port dickson
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The Malaysian Vision Valley (MVV) development project is the biggest news coming out of Negeri Sembilan currently, aside from media frenzy surrounding the political comeback of the PM-in-waiting Datuk Seri Anwar Ibrahim running in a by-election in Port Dickson.

MVV is a 30-year mega-project headed by Sime Darby Property Bhd (SD Prop) to develop an area of 379,000 acre (153,000 hectare), or nearly twice the size of Singapore, and is much-touted as the country's new economic corridor. The project covers a large swath of land from Sepang in Selangor and straddles the “new growth triangle” districts of Seremban, Nilai and, yes, Port Dickson.

SD Property currently owns 2,838 acres of land within MVV and may opt to acquire another 8,796 acres from Sime Darby Bhd and Sime Darby Plantation Bhd within five years.


The Southern Corridor of KL holds the most promise for first-time home buyers (source: REI Group of Companies)


MVV: State-led, private sector-driven development

In a country of economic corridors, MVV will be Malaysia’s sixth—with one notable difference: it is spearheaded by the private sector. MVV is expected to have a gross development value (GDV) worth RM640bil and will attract investments of some RM300bil, create 1.4 million jobs, and generate between 6.2% to 7.3% annual gross domestic product growth for the development.

MVV is set up to be an extension, and decentralization, of Greater Kuala Lumpur and will have a population of two million. Then-PM Datuk Seri Najib Razak, during the launch of MVV last year, said that the development will focused on providing affordable homes with well-planned and orderly facilities. “MVV will provide more than 400ha of affordable housing, and more than 400ha of public facilities and recreational areas with green spaces,” Najib was quoted as saying.

The development will be divided into five clusters: Central Business District which will cover Seremban, Ampangan and Rasah; Nature City (Pantai and Lenggeng); Edu-Tech Valley (Labu and Setul); Wellness, Eco and Agro Tourism (Port Dickson, Kuantan, Linggi, Sirusa); and New Liveable Township (Jimah).


(source: Sime Darby Sdn Bhd)


SD Prop will be sole driver of the massive project, following the withdrawal of its two principal partners Brunsfield Development Sdn Bhd and Kumpulan Wang Amanah Pencen (KWAP) after the memorandum of understanding (MoU) lapsed in November last year. However KWAP, reportedly, is still keen on coming on board as a partner instead in some parts of the development.

SD Prop has readied the MVV masterplan, with the immediate development being a high-tech industrial park, and the first phase of the project covering more than 11,000 acres is expected soon, according to reports.

The Negeri Sembilan state government has said that tremendous efforts have been made to help SD Prop develop the area between KLIA and Seremban in order to take advantage of the development shift to south of Kuala Lumpur. “The state saw tremendous potential, especially to cater to industries that want to be located in close proximity to the airport,” a media outlet reported a state official said.

The state government plans to develop a maritime hub in Tanjung Agas, Port Dickson, as part of the state’s MVV efforts to ensure a more comprehensive development in its rural and industrial areas. The Negeri Sembilan government is also planning to develop an aviation hub in Labu as a maintenance, repair and overhaul (MRO) centre for commercial aircraft, engines and components.

Are Malaysia’s development projects too ambitious to be successful? (source: ASEANToday.com)


Coca-Cola: Taste the Malaysian Feeling

The new Pakatan Harapan government is tweaking the concept of the sprawling Malaysian Vision Valley project, now dubbed MVV 2.0, to prioritize on wooing more suitors for investments. Private companies have purportedly indicated interest to participate in MVV, including a China company which has already agreed to invest RM2bil in Nilai.

The development will already be future homes to companies such as Coca Cola, Hino and Epsom College. MVV is reportedly engaging in serious talks with other big-name organizations from across the globe, among which is the world-renowned medical and research facility Mayo Clinic, as well as Flex, formerly Flextronics International Ltd, the third largest global electronics manufacturing services company.

Negeri Sembilan Menteri Besar Aminuddin Harun said, “Some of the catalyst projects we have are in high technology, the industrial park, the integrated transport district, the biopolis and wellness city."

He also said that his administration is already working with the federal government to carry out the construction of several infrastructure projects in the MVV, among these are upgrading the Nilai–Pajam stretch to the Kajang–Seremban highway, constructing a new road from Sendayan to Tanah Merah Site A as well as the KLIA–Labu–Seremban–Port Dickson rail link, and restoring an abandoned 39km-long Seremban–Port Dickson railroad.

SD Property managing director Datuk Seri Amrin Awaluddin confirmed to the media: “Work has started for the new Nilai–Labu–Enstek Expressway project undertaken by the federal and state governments; there is also significant progress for the Senawang–KLIA expressway.”

The new Nilai–Enstek road via Labu, for example, will also connect to the North–South Expressway (PLUS) and Kajang–Seremban Highway (LEKAS). The RM415mil project, to be completed by mid-2021, will include a stretch from Bandar Enstek until Sendayan and a link to the new Seremban–KLIA highway, to connect major projects under the MVV such as the Labu Integrated Transport Terminal, the only stop in Negeri Sembilan for the Kuala Lumpur–Singapore high speed rail (HSR) project.


HSR’s cancellation: Impact on the property market in Seremban (source: Khalil Adis Consultancy via khaliladis.com)


Despite the HSR project being deferred until 2020, SD Prop insists that Malaysia Vision Valley remains attractive. SD Property township chief operating officer Datuk Wan Hashimi Albakri said, “We have actually engaged with the new government and they are also very positive on MVV considering it is not a one-off project. It is a project that is going to contribute very significantly to the economic growth of Negeri Sembilan.”

“We are positive with the project, notwithstanding the exclusion of the [Labu] HSR station,” he said.


Decentralization of Greater Kuala Lumpur

Back to the political news front, Anwar’s decision to contest the Port Dickson by-election may further lift the ambitious MVV project once he succeeds Tun Mahathir as Prime Minister.

“Once Anwar becomes PM, the government can give more focus to the MVV, which co­vers Port Dickson as well. It will be good for both the state's and the country's economy,” Anwar’s PKR party stated.

Considering its breadth and scope, MVV was much amped up by the previous Najib-led government. The new PH administration, however, has yet to signal its hesitancy regarding this massive cosmopolitan project, apart from than the deemed-overpriced HSR.

This may prove great news for property buyers and investors looking to benefit from the government’s long-term vision of decentralizing the Greater KL. Share with us your thoughts and opinions!

(By: Syamil Zahari)


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@pmling yes . Actually this project is already been introduced since previous government by SD.

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@windzneom Thanks for the info. :)

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@pmling no problem mabel!^^

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Thank you for the info